CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading
The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.
Category: Latest News
Sui network temporarily stalls again after Thursday’s outage
The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.
Coinbase brings global crypto derivatives markets to US institutional clients
The exchange’s integration with Deribit gives eligible US institutional investors access to global crypto options and perpetual futures markets.
Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw
Former CEO Alex Mashinsky filed documents seeking to vacate his 12-year sentence, which included claims involving FTX and a “hostile takeover” by a former Celsius executive, who was sentenced to time served.
Gemini taps Grok for personalized AI-powered prediction market feeds
Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump.
Fidelity Digital Assets highlights ‘growing evidence’ of shift from dollar-based systems
The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.
Prediction markets legal battles heat up in Minnesota, Rhode Island
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
SEC Commissioner Peirce defends crypto privacy tools against surveillance push
The leader of the regulator’s Crypto Task Force said privacy-enhancing technologies can strengthen investor protection and urged regulators not to treat them with suspicion.
Bit Digital buys $20M worth of Ethereum, expands treasury to 158K ETH
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
Trump claims he can ‘future proof’ crypto regulation with CLARITY Act
The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with the president, whose crypto ties are under scrutiny, weighing in on social media.